Civic Intelligence

New Hampshire Businesses for Social Responsibility

990 • Fiscal year 2023 • EIN 02-0529708

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

Organization Profilewww.nhbsr.org
PO Box 3562Concord, NH 03302

(603) 377-8817

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.08x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

19th percentile

-21%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

95th percentile

$63,021

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 28.3% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-51%

Faster asset growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

55th percentile

9.3%

Faster revenue growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$45,415

Down $47,204 (-51%) from 2022

Net Assets

Down

$41,761

Down $47,808 (-53%) from 2022

Liabilities

Up

$3,654

Up $604 (+20%) from 2022

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin19th percentile

Revenue

Up

$223,003

Up $19,029 (+9.3%) from 2022

Expenses

Up

$270,811

Up $78,695 (+41%) from 2022

Net Income

Down

-$47,808

Down $59,666 (-503%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2011: $52,039Liabilities 2011: $2,3182011Assets 2012: $25,877Liabilities 2012: $5,610Net Assets 2012: $20,2672012Assets 2013: $14,039Liabilities 2013: $252Net Assets 2013: $13,7872013Assets 2014: $11,324Liabilities 2014: $11Net Assets 2014: $11,3132014Assets 2015: $26,088Liabilities 2015: $0Net Assets 2015: $26,0882015Assets 2016: $38,902Liabilities 2016: $563Net Assets 2016: $38,3392016Assets 2017: $34,684Liabilities 2017: $861Net Assets 2017: $33,8232017Assets 2018: $52,393Liabilities 2018: $7,699Net Assets 2018: $44,6942018Assets 2019: $30,452Liabilities 2019: $849Net Assets 2019: $29,6032019Assets 2020: $62,140Liabilities 2020: $24,107Net Assets 2020: $38,0332020Assets 2021: $87,204Liabilities 2021: $9,493Net Assets 2021: $77,7112021Assets 2022: $92,619Liabilities 2022: $3,050Net Assets 2022: $89,5692022Assets 2023: $45,415Liabilities 2023: $3,654Net Assets 2023: $41,7612023Assets 2024: $20,127Liabilities 2024: $4,783Net Assets 2024: $15,3442024Assets 2025: $36,490Liabilities 2025: $1,231Net Assets 2025: $35,2592025

Highlighted filing

2023

Assets$45,415
Liabilities$3,654
Net Assets$41,761
Open 2023 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $145,477Expenses 2011: $104,434Net Income 2011: $41,0432011Revenue 2012: $122,592Expenses 2012: $152,046Net Income 2012: -$29,4542012Revenue 2013: $104,563Expenses 2013: $111,043Net Income 2013: -$6,4802013Revenue 2014: $77,509Expenses 2014: $80,183Net Income 2014: -$2,6742014Revenue 2015: $89,620Expenses 2015: $74,845Net Income 2015: $14,7752015Revenue 2016: $111,728Expenses 2016: $99,477Net Income 2016: $12,2512016Revenue 2017: $124,984Expenses 2017: $129,500Net Income 2017: -$4,5162017Revenue 2018: $139,353Expenses 2018: $128,483Net Income 2018: $10,8702018Revenue 2019: $133,990Expenses 2019: $149,081Net Income 2019: -$15,0912019Revenue 2020: $149,969Expenses 2020: $141,539Net Income 2020: $8,4302020Revenue 2021: $203,584Expenses 2021: $163,907Net Income 2021: $39,6772021Revenue 2022: $203,974Expenses 2022: $192,116Net Income 2022: $11,8582022Revenue 2023: $223,003Expenses 2023: $270,811Net Income 2023: -$47,8082023Revenue 2024: $267,008Expenses 2024: $293,425Net Income 2024: -$26,4172024Revenue 2025: $376,890Expenses 2025: $358,150Net Income 2025: $18,7402025

Highlighted filing

2023

Revenue$223,003
Expenses$270,811
Net Income-$47,808
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$223,003
Mission and Program Overview

Mission

New Hampshire Businesses for Social Responsibility convenes, inspires and supports businesses and their community stakeholders to improve our workplaces, our communities, and the environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$77,474$30,050▼ $47,424
Savings and Temporary Cash Investments$15,145$15,365▲ $220
Total Assets$92,619$45,415▼ $47,204
Liabilities
Accounts Payable and Accrued Expenses$3,050$3,654▲ $604
Total Liabilities$3,050$3,654▲ $604
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$89,569$41,761▼ $47,808
Total Net Assets Fund Balance$89,569$41,761▼ $47,808
Total Liabilities and Net Assets / Fund Balance$92,619$45,415▼ $47,204
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michelle VeaseyExecutive DirectorPT$63,021$63,021

Board Members and Trustees

NameTitle
Jessica KinseyCo-Chair
Lisa DrakeCo-Chair
Anne RichardsonDirector
Atlanta McIlwraithDirector
Chris RooneyDirector
Dan WeeksDirector
Erik DrakeDirector
Marianne BradleyDirector
Mark BeaudoinDirector
Melissa SkarupaDirector
Sara JohnsonDirector
Steve GabrielDirector
Gary LemayPast Director
Jillian SmithPast Director
Kerrie DiersPast Director
Paul SuscaPast Director
Sean MatulonisPast Director
Jesse LoreSecretary
Jennifer GureckisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$103,865
Program Service Revenue
$118,918
Investment Income
$220
Other Revenue
$0
Change in Net Assets
$-47,808
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$186,675
Other Expenses$84,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$111,508--$111,508
Current Officers, Directors, Trustees, and Key Employees$61,875--$61,875
Conferences and Meetings$61,556--$61,556
Payroll Taxes$13,292--$13,292
Information Technology$12,782--$12,782
Travel$3,087--$3,087
Office Expenses$2,315$134-$2,449
Insurance$1,921--$1,921
Fees for Services Other$30$780-$810
Other Expenses$227$75-$227
Total Functional Expenses$269,822$989$0$270,811
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Lisa Drake, Co-Chair, and Erik Drake, Director, have a family relationship.”

Form 990, Part VI, Section B, line 11B

“The full Board reviews, and approves final filing of the 990.”

Form 990, Part VI, Section B, line 15A

“The Governance Committee requests an annual review of the Executive Director by the full Board. The Governance Committee compares the ED's salary to comparable nonprofits in the state via the NH Center for Nonprofits semi-annual Salary Survey. Any salary or bonus changes are reviewed and voted on by the full Board of Directors.”

Form 990, Part VI, Section C, line 19

“The Organization makes its Bylaws available on its website. Any other documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
NH Businesses for Social Responsibility
EIN
02-0529708
Phone
6033778817
Address
PO Box 3562, Concord, NH 03302

Signing Officer

Name
Michelle Veasey
Title
Executive Director
Phone
6033778817
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Veasey
Formed
2000
Legal Domicile
Nh
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
30

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
2211 Congress St, Portland, ME 04102
Preparer
Melissa Magoon CPA
Phone
2077752387
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0134
IRS990/OfficeExpensesGrp/ProgramServicesAmt02315
IRS990/OfficeExpensesGrp/TotalAmt02449
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Credit Card Fees
IRS990/OtherExpensesGrp/Desc1Other Expenses
IRS990/OtherExpensesGrp/Desc2Dues and Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt075
IRS990/OtherExpensesGrp/ProgramServicesAmt01046
IRS990/OtherExpensesGrp/ProgramServicesAmt1183
IRS990/OtherExpensesGrp/ProgramServicesAmt2227
IRS990/OtherExpensesGrp/TotalAmt01046
IRS990/OtherExpensesGrp/TotalAmt1258
IRS990/OtherExpensesGrp/TotalAmt2227
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0111508
IRS990/OtherSalariesAndWagesGrp/TotalAmt0111508
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt013292
IRS990/PayrollTaxesGrp/TotalAmt013292
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Michelle Veasey
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Program/Event Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0118918
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0118918
IRS990/ProgSrvcAccomActy2Grp/Desc0NHBSR encourages business leaders to speak out on topics that are important to their purpose, like Diversity, Equity and Inclusion.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010750
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt023225
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt079621
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt026
IRS990/PYOtherExpensesAmt055317
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0124327
IRS990/PYRevenuesLessExpensesAmt011858
IRS990/PYSalariesCompEmpBnftPaidAmt0136799
IRS990/PYTotalExpensesAmt0192116
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0203974
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-47808
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt095693
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015145
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015365
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Misc Revenue - 2022 Amount: $ 75.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0103865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt079621
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0114835
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt073228
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt067998
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0439547
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0220
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt060
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0118843
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0124327
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt088690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt076681
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt065992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0474533
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0220
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0365
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt075
IRS990ScheduleA/OtherIncome509Grp/TotalAmt075
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt0914080
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0222708
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0203948
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0203525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0149909
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0133990
IRS990ScheduleA/Total509Grp/TotalAmt0914080
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0223003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0203974
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0203584
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0149969
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0133990
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0914520
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Lisa Drake, Co-Chair, and Erik Drake, Director, have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The full Board reviews, and approves final filing of the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Governance Committee requests an annual review of the Executive Director by the full Board. The Governance Committee compares the ED's salary to comparable nonprofits in the state via the NH Center for Nonprofits semi-annual Salary Survey. Any salary or bonus changes are reviewed and voted on by the full Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization makes its Bylaws available on its website. Any other documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt092619
IRS990/TotalAssetsEOYAmt045415
IRS990/TotalAssetsGrp/BOYAmt092619
IRS990/TotalAssetsGrp/EOYAmt045415
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0103865
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0989
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0269822
IRS990/TotalFunctionalExpensesGrp/TotalAmt0270811

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,415
Liabilities
$3,654
Net assets
$41,761
Revenue
$223,003
Expenses
$270,811
Net income
-$47,808
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.01$0.35$3.77$3.58$0.19
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.05$0.15$2.67$2.93$0.26
2023Detailed filing. Detailed filing data is available for this year.$0.45$0.04$0.42$2.23$2.71$0.48
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.03$0.90$2.04$1.92$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.09$0.78$2.04$1.64$0.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.24$0.38$1.50$1.42$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.01$0.30$1.34$1.49$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.08$0.45$1.39$1.28$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.01$0.34$1.25$1.30$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.01$0.38$1.12$0.99$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.90$0.75$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.78$0.80$0.03
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.14$0.00$0.14$1.05$1.11$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.06$0.20$1.23$1.52$0.29
2011Summary only. Only limited summary data is available for this year.$0.52$0.02$1.45$1.04$0.41
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits

Naalehu, HI

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Hoomalu Kau

501(c)3 • NTEE E19

Revenue$41,041
Assets$222,964

Revenue vs current organization

82% lower

Assets vs current organization

391% higher